MINNEAPOLIS (February 4, 2013) – Patrick S. Minea, senior vice president/managing director of NorthMarq’s Minneapolis regional office, arranged first mortgage refinancing of $4.35 million for Beacon Hill Apartments, a 180-unit, market-rate multifamily property located at 9315 Maplewood Boulevard in Omaha, Nebraska. Financing was based on a 15-year term and a 30-year amortization schedule. NorthMarq arranged this financing for the borrower through its affiliate AmeriSphere Multifamily Finance, LLC, a Fannie Mae DUS Lender.
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